Kaleida Alex 4
4 · Wingstop Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Wingstop CFO Alex Kaleida Withholds Shares to Cover Taxes
What Happened
Alex Kaleida, Chief Financial Officer of Wingstop Inc. (WING), had performance-based restricted stock units (RSUs) vest in March 2026. A total of 1,009 RSUs converted into common stock (438 on 2026-03-07 and 571 on 2026-03-09). To satisfy tax withholding obligations, 173 shares (at $229.17 each) and 225 shares (at $224.28 each) were withheld—398 shares in total—representing approximately $90,109. The net increase in Kaleida’s shares from these vestings was 611 shares.
Key Details
- Transaction dates and prices:
- 2026-03-07: 438 RSUs converted to 438 shares (conversion price $0.00); 173 shares withheld at $229.17 each = $39,646.
- 2026-03-09: 571 RSUs converted to 571 shares (conversion price $0.00); 225 shares withheld at $224.28 each = $50,463.
- Shares involved: 1,009 shares issued on vesting; 398 shares withheld for taxes; net 611 shares retained by the reporting person.
- Footnotes: RSUs convert one-for-one into common stock (F1). The withheld shares reflect automatic tax withholding upon vesting of performance-based RSUs; no separate investment decision was made by the reporting person (F2). Grants were made 3/7/2024 (F3) and 3/9/2023 (F4); both grants vest in three equal annual installments beginning on the first anniversary of the grant.
- Filing: Form 4 filed 2026-03-10 covering the 3/7 and 3/9 vesting events.
Context
This was a routine RSU vesting with automatic share withholding to cover tax liabilities (a common cashless settlement method), not an open-market sale or purchase decision. Transaction codes on the Form 4: M = exercise/conversion of a derivative (RSU conversion here), F = payment of exercise price or tax liability (share withholding). Such withholding transactions are typically administrative and do not, by themselves, indicate the insider’s market sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-07+438→ 13,670 total - Tax Payment
Common Stock, par value $0.01 per share
[F2]2026-03-07$229.17/sh−173$39,646→ 13,497 total - Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-03-09+571→ 14,068 total - Tax Payment
Common Stock, par value $0.01 per share
[F2]2026-03-09$224.28/sh−225$50,463→ 13,843 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-07−438→ 2,781 total→ Common Stock, par value $0.01 per share (438 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-09−571→ 2,210 total→ Common Stock, par value $0.01 per share (571 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock of a one-for-one basis.
- [F2]Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of performance-based RSUs. The withholding of these shares occurred automatically upon the vesting of the RSUs, and as such, no investment decision was made by the Reporting Person in connection with this transaction.
- [F3]The RSUs were granted on March 7, 2024 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F4]The RSUs were granted on March 9, 2023 pursuant to the Wingstop Inc. 2015 Omnibus Incentive Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.